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Triple Point Venture VCT PLC Announces Share Allotment and Market Listing

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Triple Point Venture VCT PLC Announces Share Allotment and Market Listing

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An announcement from Triple Point VCT 2011 PLC ( (GB:TPV) ) is now available.

Triple Point Venture VCT PLC announced the allotment of 310,830 Venture Shares at 94.11p per share under its Dividend Reinvestment Scheme, increasing its total share capital to 88,430,910 Venture Shares. This move, aimed at enhancing shareholder value, will see these shares listed on the London Stock Exchange, potentially strengthening the company’s market position and offering new opportunities for stakeholders.

More about Triple Point VCT 2011 PLC

Triple Point Venture VCT PLC is a Venture Capital Trust established in July 2010, focused on funding small and medium-sized enterprises. The company is managed by Triple Point Investment Management LLP.

YTD Price Performance: 0.60%

Average Trading Volume: 97,349

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: £78.35M

For an in-depth examination of TPV stock, go to TipRanks’ Stock Analysis page.

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